Cocoon auction 2020: JKI procuring Cocoons directly from farmers

Date:

Straight Line News Network

Jammu, Sep 22: Jammu and Kashmir Industries Limited has launched procurement of Cocoons in the ongoing Cocoon auction being conducted by the Sericulture Department in the Kashmir division.

Commissioner Secretary Industries and Commerce Department, M K Dwivedi, said that due to non-participation of the outside buyers in the Cocoon auction in the wake of COVID restrictions, the Government has decided that JKI would be procuring around 50000 kg of cocoons worth Rs. 4.0 crore directly from the Cocoon rearers in the auction.

“This intervention will help thousands of cocoon farmers who due to non-participation of the outside buyers in the auction process were worried and expecting poor returns for their crop”, he asserted.

Commissioner Secretary said that JKI has already carried out similar interventions in the Jammu Division where 60000 kg of cocoon has been procured. This initiative received high appreciation from all the stakeholders associated with silk industry especially the cocoon rearers.

He said that this timely intervention by JKI has been possible due to successful implementation of silk related infrastructure both at Jammu and Srinagar that has enabled JKI to convert large quantities of local cocoon into quality fabric.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Jammu’s Palli shines as carbon-neutral panchayat, while Kot Bhalwal dumping site remains an eyesore

Jammu: In a stark contrast of waste management practices...

Now BJP won’t have courage to allow polls in J&K, says Omar after Karnataka election results

SRINAGAR: Former Chief Minister Omar Abdullah Saturday said the...

Last date for applying online ATD-2023 extended till May 15

SRINAGAR: School Education Department has xtended last date of...

J&K | Raft Turns Turtle In Chenab River In Reasi, All 13 Rescued

JAMMU, May 8: A raft carrying 13 people turned...